Wood Buffalo-Cold Lake Economic Region Workforce Insights

Key Insights

  • Employment remained unchanged from the previous month and increased by 3,400 jobs compared to the same month last year.
  • Full-time Employment decreased by 300 jobs from the previous month and increased by 5,500 jobs year-over-year.
  • Part-time Employment increased by 300 jobs from the previous month and decreased by 2,100 jobs year-over-year.
  • Unemployment increased by 100 people from the previous month and increased by 400 people compared to the same month last year.

Workforce Composition by Status

In the most recent month, Full-time Employment decreased by 300 jobs from last month and increased by 5,500 jobs compared to the same month last year.

Part-time Employment increased by 300 jobs from last month and decreased by 2,100 jobs year-over-year.

The number of Unemployed individuals increased by 100 people from the previous month and increased by 400 people compared to last year.

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Employment, Unemployment, and Participation Rate

The Employment Rate increased by 1.7 percentage points from a year ago.

The Unemployment Rate increased by 0.2 percentage points from a year ago.

The Participation Rate increased by 2.1 percentage points year-over-year.

Jobs Added or Lost by Month

Employment levels remained unchanged from the previous month and increased by 3,400 jobs compared to the same month last year.

In the most recent month, employment remained unchanged . Over the last year, the labor market has increased by 3,400 jobs .

Top 3 Industries in Goods Sector

  • Forestry, fishing, mining, quarrying, oil and gas : 20,200 workers.
  • Construction : 8,800 workers.
  • Agriculture : 2,100 workers.

The Goods sector is mainly driven by industries such as Construction, Manufacturing, and Agriculture, which together account for a substantial share of the workforce.

Top 3 Industries in Services Sector

  • Wholesale and retail trade : 10,900 workers.
  • Health care and social assistance : 8,400 workers.
  • Educational services : 4,600 workers.

In the Services sector, Health Care, Retail, and Professional Services lead employment, representing a dominant portion of the workforce.

Top 5 Industries by Change from Previous Month

  • Agriculture : Change of 2,100 workers ( increased by Inf %).
  • Forestry, fishing, mining, quarrying, oil and gas : Change of 800 workers ( increased by 4.12 %).
  • Public administration : Change of 800 workers ( decreased by 15.38 %).
  • Wholesale and retail trade : Change of 600 workers ( decreased by 5.22 %).
  • Construction : Change of 500 workers ( increased by 6.02 %).

These industries saw the largest month-over-month changes, indicating short-term trends.

Top 5 Industries by Change from Same Month Last Year

  • Forestry, fishing, mining, quarrying, oil and gas : Change of 2,500 workers ( increased by 14.12 %).
  • Wholesale and retail trade : Change of 1,700 workers ( increased by 18.48 %).
  • Professional, scientific and technical services : Change of 800 workers ( decreased by 24.24 %).
  • Health care and social assistance : Change of 800 workers ( increased by 10.53 %).
  • Accommodation and food services : Change of 800 workers ( increased by 22.86 %).

The year-over-year changes provide insights into longer-term shifts, highlighting industries that have grown or declined significantly.

Conclusion

The overall employment trend is positive, with strong growth in the past year. Key industries driving the trend are: Forestry, fishing, mining, quarrying, oil and gas, Construction, Wholesale and retail trade, Educational services, Health care and social assistance.

Local Workforce Insights

Key Local Labour Market Insights

  • Total local employment stands at 8,360 in July 2025, it fell by 30 jobs from June and expanded by 390 jobs year-over-year.
  • The local employment rate stands at 60.8%. It contracted of 0.2 percentage points from June and grew by 3.0 percentage points from same month last year.
  • Local unemployment rate stands at 6.5%. It showed growth by 0.5 percentage points month-over-month, and contracted by 0.7 percentage points year-over-year.

Employment Trends

Total employment in July 2025 was 8,360, showing a marginal decrease of 30. against July, employment levels gained 390, indicating growth.

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Employment Rate Dynamics

The employment rate reached 60.8% in July 2025. This represents a decline of 0.2 percentage points from June (61.0%). Year-over-year, the rate improved by 3.0 percentage points from 57.8%.

Unemployment Rate Trends

The unemployment rate was 6.5% in July 2025, up 0.5 percentage points from June. Compared to July last year (7.2%), the rate has decreased by 0.7 percentage points.

Employment: Regional vs Local Patterns

The moderate correlation (0.69) between regional and local employment levels indicates some alignment in employment trends. This suggests that local employment partially reflects regional patterns.

Employment Rate: Regional vs Local Patterns

Employment rates show a strong correlation (0.75) between regional and local levels. This indicates strong alignment in workforce participation, suggesting that labor market conditions affect both areas similarly.

Unemployment Rate: Regional vs Local Patterns

The unemployment rate correlation of -0.69 shows a weak relationship. This points to distinct local unemployment dynamics, indicating that local unemployment follows its own distinct pattern.

Lac la Biche County consists of the following communities: Combined Lac la Biche County Areas .

Monthly Local Workforce Trends

Updated monthly, local monthly workforce trends focus on total employment, and employment unemployment rates estimates at "small-area" level.

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Local area

Employment Trends

Total employment in July 2025 was 8,360, showing a marginal decrease of 30. against July, employment levels gained 390, indicating growth.

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Data source: Statistics Canada - Labour Force Survey September, 2025
Local area

Employment Rate Dynamics

The employment rate reached 60.8% in July 2025. This represents a decline of 0.2 percentage points from June (61.0%). Year-over-year, the rate improved by 3.0 percentage points from 57.8%.

Unemployment Rate Trends

The unemployment rate was 6.5% in July 2025, up 0.5 percentage points from June. Compared to July last year (7.2%), the rate has decreased by 0.7 percentage points.

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Data source: Statistics Canada - Labour Force Survey September, 2025
Local area

Employment Rate: Regional vs Local Patterns

Employment rates show a strong correlation (0.75) between regional and local levels. This indicates strong alignment in workforce participation, suggesting that labor market conditions affect both areas similarly.

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Data source: Statistics Canada - Labour Force Survey September, 2025
Local area

Unemployment Rate: Regional vs Local Patterns

The unemployment rate correlation of -0.69 shows a weak relationship. This points to distinct local unemployment dynamics, indicating that local unemployment follows its own distinct pattern.

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Data source: Statistics Canada - Labour Force Survey September, 2025
Economic region

Workforce Composition by Status

In the most recent month, Full-time Employment decreased by 300 jobs from last month and increased by 5,500 jobs compared to the same month last year.

Part-time Employment increased by 300 jobs from last month and decreased by 2,100 jobs year-over-year.

The number of Unemployed individuals increased by 100 people from the previous month and increased by 400 people compared to last year.

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Data source: Statistics Canada - Labour Force Survey September, 2025
Economic region

Employment, Unemployment, and Participation Rate

The Employment Rate increased by 1.7 percentage points from a year ago.

The Unemployment Rate increased by 0.2 percentage points from a year ago.

The Participation Rate increased by 2.1 percentage points year-over-year.

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Data source: Statistics Canada - Labour Force Survey September, 2025
Economic region

Jobs Added or Lost by Month

Employment levels remained unchanged from the previous month and increased by 3,400 jobs compared to the same month last year.

In the most recent month, employment remained unchanged . Over the last year, the labor market has increased by 3,400 jobs .

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Data source: Statistics Canada - Labour Force Survey September, 2025
Economic region

Top 3 Industries in Goods Sector

  • Forestry, fishing, mining, quarrying, oil and gas : 20,200 workers.
  • Construction : 8,800 workers.
  • Agriculture : 2,100 workers.

The Goods sector is mainly driven by industries such as Construction, Manufacturing, and Agriculture, which together account for a substantial share of the workforce.

Top 3 Industries in Services Sector

  • Wholesale and retail trade : 10,900 workers.
  • Health care and social assistance : 8,400 workers.
  • Educational services : 4,600 workers.

In the Services sector, Health Care, Retail, and Professional Services lead employment, representing a dominant portion of the workforce.

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Data source: Statistics Canada - Labour Force Survey September, 2025
Economic region

Top 5 Industries by Change from Previous Month

  • Agriculture : Change of 2,100 workers ( increased by Inf %).
  • Forestry, fishing, mining, quarrying, oil and gas : Change of 800 workers ( increased by 4.12 %).
  • Public administration : Change of 800 workers ( decreased by 15.38 %).
  • Wholesale and retail trade : Change of 600 workers ( decreased by 5.22 %).
  • Construction : Change of 500 workers ( increased by 6.02 %).

These industries saw the largest month-over-month changes, indicating short-term trends.

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Data source: Statistics Canada - Labour Force Survey September, 2025
Economic region

Top 5 Industries by Change from Same Month Last Year

  • Forestry, fishing, mining, quarrying, oil and gas : Change of 2,500 workers ( increased by 14.12 %).
  • Wholesale and retail trade : Change of 1,700 workers ( increased by 18.48 %).
  • Professional, scientific and technical services : Change of 800 workers ( decreased by 24.24 %).
  • Health care and social assistance : Change of 800 workers ( increased by 10.53 %).
  • Accommodation and food services : Change of 800 workers ( increased by 22.86 %).

The year-over-year changes provide insights into longer-term shifts, highlighting industries that have grown or declined significantly.

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Data source: Statistics Canada - Labour Force Survey September, 2025
Economic region

Conclusion

The overall employment trend is positive, with strong growth in the past year. Key industries driving the trend are: Forestry, fishing, mining, quarrying, oil and gas, Construction, Wholesale and retail trade, Educational services, Health care and social assistance.

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Data source: Statistics Canada - Labour Force Survey September, 2025

Employment rate Provincial Comparison

Among 65 small areas in Alberta, Lac la Biche County ranks 53rd with an employment rate of 60.8%. The provincial range is 52.2% to 79.9%, with half of areas between 62.4% and 67.2% (median: 64.9%).

Data source: Statistics Canada - Labour Force Survey September, 2025

Unemployment rate Provincial Comparison

Among 65 small areas in Alberta, Lac la Biche County ranks 29th with an unemployment rate of 6.5%. The provincial range is 5.8% to 11.4%, with half of areas between 6.1% and 7.4% (median: 6.5%).

Data source: Statistics Canada - Labour Force Survey September, 2025